A great read if your are looking for a frank and honest (and often funny) analysis of corporate America over the past 50 years. Buffett is excellent at conveying complex ideas in a simple and easy to understand way. With such a breadth of knowledge and experience on offer for anyone to read; this book is excellent value for your time and money!

Great book in value investing. Thank you for such great book making available for us. I strongly recommend to read this book. Here I tried to summarize this book, you can check it out.
https://youtu.be/YUWygnTMWfA

The book was kind of a let down from the investors perspective.I was expecting some really brilliant ideas from the 'Oracle of Omaha'.The book was more focused on managerial should's and shouldn'ts.It mostly boils down to Bufett's stance as to why Berkshire Hathaway is the greatest company and how awesome are their policies compared to the typical corporation.


Not pretty much to learn if you are interested in learning the in's and outs of the market.

I must admit however that the author did a great job in the last 3 chapters when discussing on subjects such as current accounting practices , goodwill and taxation.

Overall a book designsted torwards general managers or people with out of the ordinary financial resources.

If investing it is you are interested in then i suggest grab a copy of Peter Lynch's One up on Wall Street ASAP !

This collection gets 6 stars from me. Lots of questions and thoughts that have appeared in my mind since years when looking at the behavior of stock markets and corporations are discussed in detail.

What are the motivations and reasoning behind the ways companies operate today and why is it important? This book takes a deeper perspective on topics of management. Additionally it includes the historical perspective to explain why we are where we are today and opens up the insanity of how a lot of large corporations are run.

The book also opens up the reasonings, behavior and relationships of managing directors, C-level and stockholders. Think about stock buybacks, goodwill, sky-high valuations, mergers and acquisitions etc.

It provides practical principles about sound investment thinking and opens up a path into the mind of a common-sense investor. I would consider this as a must-read for any business student.

I myself took lots of notes and highlights which I will use to write a summary for the lostbookofsales.com.
There is surely a lot of food for thought here that will serve you well in the business world.

WB is the most famous name in investing circles, and there's enough literature on the man already, this book is a rehash of what you've already read about the legend.

Phenomenal insights into investing and finance. I had assumed that the writing would be quite presumptuous and arrogant, but was pleasantly surprised to find more humility in the writing. Would recommend to people interested in understanding the principles of investing.

The Oracle at his brilliant best. A must for anyone interested in investing

I didn't realise going into this how much of the book was focused on educating and sharing information with Berkshire shareholders, so the constant reinforcement of this to me was a bit offputting. There is certainly lots of interesting information and solid anecdotes, but from a reader perspective, I didn't enjoy this as much as some of the other investment/finance theory books.

This book collects mostly excerpts from Warren Buffett's letters to shareholders; a few were written by Charles T. Munger, also of Berkshire Hathaway. Some dealing with accounting required more business acumen than I have to follow closely, but most call for only a little financial literacy. They show a wisdom and perspicacity rarely seen in business; it is little wonder that Buffett has been such a business success. In addition to the wisdom, they also show much humility and humor.

The essays were written over several decades and are organized not by time but by subject. Cunningham divides them into Corporate governance, Finance and investing, Investment alternatives, Common stock, Mergers and Acquisitions, Valuation and accounting, Accounting Shenanigans, Taxation, and Berkshire at 50 and beyond. One weakness is that there is a lot of repetition, but I find it difficult to fault repetition of good ideas. If you don't have time for the whole book, Cunningham's introduction summarizes the main points.

If something is not worth doing at all, it's not worth doing well. - Charlie Munger

It's far better to own a significant portion of the Hope diamond than 100% of a rhinestone.

A book that deserves repeated readings to further one’s understanding of people, markets, and value.

Buffett establish that investors should go for good business rather than focusing on the market, buy at good prices and keeping them for long term, which actually is what Warren has done during his management in Berkshire. Buffett sent letters to the members of Berkshire shareholders in order to explain them what he is doing and why they are in for. He uses the letters to explain complex concepts to be easily understood and with some peculiar humor and a lot of wisdom.

It is, in my opinion, the first business book really enjoyable to read.
An excellent option to learn from one the most successful business man worldwide.

Superb insights. Perfect complement to "Snowball." Worth re-reading at least twice. Love the uncompromising integrity on top of Buffet's famed ultra-longterm investment philosophy. Few essays are however repetitive, but I can understand why the editor includes them for comprehensiveness sake.